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During AugustAugust 20182018, YondYond Company recorded the following: bullet Sales of $ 61 comma 800$61,800 ($ 55 comma 000$55,000 on account; $ 6 comma 800$6,800
During
AugustAugust
20182018,
YondYond
Company recorded the following:
bullet | Sales of $ 61 comma 800$61,800 ($ 55 comma 000$55,000 on account;$ 6 comma 800$6,800 for cash). Ignore Cost of Goods Sold. |
bullet | Collections on account, $ 37 comma 500$37,500. |
bullet | Write-offs of uncollectible receivables, $ 1 comma 680$1,680. |
bullet | Recovery of receivable previously written off, $ 600$600. |
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